Friday, August 29, 2014

Airbus, Boeing vie for $2B order

India's Air One Aviation Pvt. is seeking $2 billion worth of jets to take on Singapore Airline Ltd's venture in the country. Air One, among six companies that last month got initial approval to start airlines in India, is looking at Airbus A320s and Boeing 737s. Air One plans to start full-service flights in mid-2015. (Source: Bloomberg, 08/28/14) Gulf Coast note: Airbus is building an A320 final assembly line in Mobile, Ala., the fourth A320 family FAL that will be operated by the planemaker.